L3Harris Completes Sale of Specialized Materials Business to BWXT for Approximately $100 Million
06 January 2025 - 10:50PM
Business Wire
L3Harris Technologies (NYSE: LHX) has completed the sale of its
specialized materials business, Aerojet Ordnance Tennessee, Inc.
(A.O.T.), to BWX Technologies, Inc. (NYSE: BWXT) for approximately
$100 million.
The deal aligns with L3Harris’ multi-year strategy to optimize
its portfolio and deliver on commitments to customers and
shareholders.
A.O.T. is the sole provider of depleted uranium to the U.S.
government and produces advanced specialized metal components for
defense, aerospace and commercial products. The business is located
in Tennessee and currently employs less than 100 people.
About L3Harris Technologies
L3Harris Technologies is the Trusted Disruptor in the defense
industry. With customers’ mission-critical needs always in mind,
our employees deliver end-to-end technology solutions connecting
the space, air, land, sea and cyber domains in the interest of
national security. Visit L3Harris.com for more information.
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version on businesswire.com: https://www.businesswire.com/news/home/20250106971081/en/
Daniel Gittsovich Investor Relations
InvestorRelations@L3Harris.com 321-724-3170
Sara Banda Media Relations Media@L3Harris.com
321-306-8927
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